Coniagas Battery Metals Inc. · TSXV:COS
Coniagas Battery Metals — Investor Presentation (May 2024)
27 slides from Coniagas Battery Metals's investor presentation, May 13, 2024
Slide 1: Metals that power our future
TSXV: COS Metals that power our future Corporate Presentation TSXV: COS May 13, 2024
Slide 2: Forward Looking Statements
Forward Looking Statements Disclaimer Qualified Person Neither the TSX Venture Exchange nor its Regulation The technical information in this corporate presentation Service Provider (as that term is defined in the was reviewed and approved by Coniagas CEO Frank policies of the TSX Venture Exchange) a
Slide 3: Coniagas key focus: the Graal
Coniagas key focus Advance to production the graal • Drill for a 43-101 Resource • Metallurgical studies to produce high-purity Class 1 nickel • Work on community engagement • Expand mineralization initially along the 6 km strike length • Explore potential for an additional deposit at depth with pos
Slide 4: Potential size of deposit 30-60 million tonnes
potential SIZE of deposit 30-60 million tonnes Discovery Zone Estimated potential near-surface target based MHY Zone on previous drilling by Virginia Mines and SOQUEM 1996-2004. Grades range from: Gravi Zone • 0.60-0.80% nickel • 0.30-0.50% copper • 0.10-0.15% cobalt Target has not been updated to i
Slide 5: Infrastructure
PASSES DANGEREUSES HYDRO DAM CHUTES DES PASSES infrastructure POWER PLANT • Year-round road access GRAAL PROPERTY and close to the Chute des Passes power plant for low-carbon mining • Adjacent to the Arianne Phosphate Mine property with access to planned PORT OF SAGUENAY OCEAN PORT infrastructure in
Slide 6: Exploration highlights
Exploration highlights • Successful exploration program – geophysical targeting followed by drilling – hitting mineralization in almost every hole and confirming the open-pit deposit model • Airborne geophysics showed a large Bouguer gravity anomaly on the 6,113 hectare property • Drilling confirmed
Slide 7: Drill results
drill results • Hit massive and semi-massive sulphides in all but one hole. Intersected high grades of nickel and copper with cobalt byproduct near the surface with showings of platinum and palladium • Up to 1.07% Nickel Equivalent or 2.26% Copper Equivalent* over 28.9 meters mostly at shallow depth
Slide 8: Large conductor identified by geophysics to be further drilled
Large conductor identified by geophysics to be further drilled 8
Slide 9: Conceptual model
We believe we are here Conceptual model in the contact breccia We want to move here into net textured and massive sulphide centre The mostly shallow drilling so far has been on the edge of a large Bouguer gravity bowl with the likelihood of a significant deposit at depth near the bottom of the large
Slide 10: Shareholder value creation & Next steps
Shareholder value creation & Next steps Minimal costs Productive spend Most of the property was staked and $6 million spent on geophysics and drilling only $60,000 was paid to consolidate demonstrated a large deposit, confirmed the adjacent properties. Previous drilling deposit model, discovered new
Slide 11: Peer comparison
Peer comparison location valuation Graal is less than 200 km from the ocean port of Graal’s drill results are comparable to those at Saguenay versus Nisk being further north at Power Nickel's Nisk, both are at similar stages of about 700 km from Saguenay. exploration, close to roads and low-carbon r
Slide 12: Reasons to Invest
Reasons to Invest Quality of Mineralization Nickel at Graal is contained in sulphides, easier and cheaper to process than laterite nickel deposits and convert into clean Class 1 nickel sulphate for EV batteries. Efficiencies of Scale Mining at Graal will be from an open pit less expensive than at mo
Slide 13: Following the Trend
Following the Trend Onshoring Geopolitical tensions have prompted long-term decisions on moving supply chains back to North America Decarbonisation Sources of low-carbon nickel will be more competitive globally as western firms adopt ethical sourcing Renewable Energy Government commitment is acceler
Slide 14: Share structure
Share structure TSXV: COS Shares outstanding1: 30,250,000 Warrants (@ $0.40): 15,250,000 Financing share price: $0.25 Market capitalization at Financing: $7,600,000 Ownership post-financing Nord Precious Metals 11,750,300 shares 36.7% (plus 5,874,600 warrants) Nord shareholders2 11,749,200 shares 36
Slide 15: Frank J. Basa, P.Eng. / Wayne Cheveldayoff
TSXV: COS Frank j. basa, p. eng. Wayne cheveldayoff President & CEO Corporate Communications [email protected] [email protected] 416-625-2342 416-710-2410 16
Slide 16: Appendix
CONIAGAS BATTERY METALS.
Slide 17: 2021-2022 Graal drilling
2021-2022 GRAAL drilling Phase 1 and 2 involved 16,788.25m of diamond drilling that intercepted various amounts of nickel-copper- cobalt (Ni-Cu-Co) with minor amounts of platinum- palladium (PGE) Equivalents calculated on March 13, 2024 based on US$/tonne Nickel $18,134.00, Copper $8,560.55 and 18 C
Slide 18: Geophysics
geophysics 1700m long by 850m wide FL-TDEM Survey identified a geophysical anomaly with high conductance. Bore hole electromagnetic surveys conducted on selected targets FL-TDEM = Fixed Loop Time Domain Electromagnetic Survey FL-TDEM Grid (blue lines), High Conductivity Zone (white line)
Slide 19: Claims and royalties
Claims and royalties Royalties on only two groups of claims comprising less than half of the Graal property. The 23 claims acquired from Globex have a 2% Gross Metal Royalty. The 16 claims acquired from SOQUEM/COULON JV have a total of 2% Net Smelter Royalty (NSR) where 1% can be purchased for $750,
Slide 20: Large conductor to be further drilled
Large conductor to be further drilled 21
Slide 21: Drillhole highlights MHY zone
Drillhole highlights mhy zone Including 22
Slide 22: MHY Zone drillhole highlights
GRL-22-54: Gravi Zone GRL-22-56: 0.88% NiEq over 8.9m Lookind|Eact 1.18% NiEq over 2.7m Including 1.16% NiEq over 2.1m ing . eve GRL-22-49 GRL-22-55 : 0.55% NiEq over 10.6m 1.23% NiEq over 4.3m Including 0.96% NiEq over 5m GRL-22-57: » | 1.03% NiEq over 8.4m ._ |_Including 1.51% NiEq over 4.3m GRL-2
Slide 23: Gravi Zone
5521200 Gravi Zone GRL-22-50 Le ee NRG-22-24 4279-00-10 GRL-22-43 NRC-22-27 GRL-22. 5520900 NRC-22-28 Se 1279-03-43 1279-00-26 0 100 == 386100 386400 GRL-22-55: 1.23% NiEq over 4.3m NRC-22-24 : 0.55% NiEq over 33.6m Including 1.15% NiEq over 9.3m And 0.62% NiEq over 10.4m GRL-22-54 : 8.90% NiEq over
Slide 24: Drillhole highlights Gravi zone
Drillhole highlights gravi zone Tsx-v: CBM 25
Slide 25: Gravi Zone drillhole highlights
GRL-22-32: 0.58% NiEq over 6.4m Including 1.04% NiEq over 2.4m GRL-22-31: 1.01% NiEq over 1.6m Surface NRC-21-02: 0.41% NiEq over 3.4m A) CANADA ¢ " LZ SILVER. | CONIAGAS )+ COBALT 9 (~ettavnenr = GRL-22-34 : 0.72% NiEq over 2.25m Discovery Zone NRC-21-08 : Looking East 1.45% NiEq over 1.1m NRC-21-0
Slide 26: Discovery Zone
Discovery Zone 384200 | GRL-22-32: | 0.58% NiEq over 6.4m | Including 1.04% NiEq over 2.4m | GRL-22-31: 1.01% NiEq over 1.6m GRL-22-32 1-22-31 GRL-22-30 NRC-21-111 NRC-21-12 INRC-21-13 NRC-21-14 200m 384000 ee 7 GRL-22-34 ; 0.72% NiEq over 2.25m GRL-22-33 | — wnrc-21-08: a 1.45% NiEq over 1.1m NRC-2
Slide 27: Drillhole highlights discovery zone
Drillhole highlights discovery zone Tsx-v: CBM 28
Coniagas Battery Metals — Investor Presentation (May 2024) on 6ix